Using The CIBIL Score You Can Check If Your PAN Card Is Compromised; Here's How

PAN Card is a typical document that uses a unique PAN Card number to identify an individual. Furthermore, most people's PANs are linked to all of their financial and bank accounts. PAN makes it easy for credit bureaus to find your information quickly. When you use your PAN Card number to access your CIBIL score, it is only utilized for one thing: finding your credit information and validating it using the linked details.

Why PAN Card details are required to check the CIBIL Score?

Most people's PANs are linked to all of their financial and bank accounts. PAN makes it easy for credit bureaus to find your information quickly. When you use your PAN Card number to access your CIBIL score, it is only utilized for one thing: finding your credit information and validating it using the linked details.

Loan Fraud

To apply for a loan, customers must provide their PAN number and Aadhaar Card information. However, as digital infrastructure improves, many well-known persons are misusing PAN information to obtain secure loans by impersonating other people's PAN cards.

PAN cardholders have discovered that loans were given to unknown persons on their PAN cards without their permission on some occasions. Individuals who accept loans via these applications online do not pay their EMIs, which has a negative influence on PAN cardholders' credit scores. Fraudsters are stealing money from these apps by providing information about other people.

Due to the fraudsters' failure to repay the debts, PAN Cardholders are defaulting. Unfortunately, being a victim of identity theft may have a negative influence on your credit score. Thieves may issue new credit lines or credit cards in your name and then fail to pay the payments.

Whether you believe your PAN card has been compromised, you may quickly check to see if someone has taken a loan against it.

Here's how to check if someone else has taken a loan on your PAN card:

By obtaining your credit score, you can quickly see if someone else has taken out a loan using your PAN number. You can utilize the services of a credit bureau, such as CIBIL, to learn more about the loans taken out in your name.

To find out if someone else has taken a loan on your PAN card, simply input your personal information, such as your name and date of birth, along with your PAN card number.

Follow the Steps to Check CIBIL Score Using PAN Card:

1. Visit CIBIL's official website at cibil.com
2. Click on the 'Get Your Credit Score'
3. Create Your Account With CIBIL
4. Enter your PAN Card number
5. Enter your e-mail address
6. Enter Date of Birth
7. Select the Gender
8. Enter the captcha code
9. Acknowledge the terms and condition
10. Click on "Proceed to Payment'